India Mortgage Guarantee Corporation (IMGC), a mortgage guarantee company, today announces the appointment of Mr. Colin D’Souza as its new Chief Business Officer (CBO). In his new role, Colin will drive IMGC’s growth strategy by strengthening relationships with lender partners and deepen market penetration. He brings with him over two decades of experience across global and Indian banks and fintech, with expertise in retail banking, liabilities, lending, partnerships, and digital innovation. He has held senior leadership roles at Jupiter Money, IDFC FIRST Bank, Citibank, and HSBC, where he scaled businesses, built high-performing teams, and forged strategic partnerships. At Jupiter, he led Banking Solutions, Partnerships & Strategy, driving revenue growth, expanding partnerships, and launching new businesses. Earlier, as part of the founding leadership team at IDFC FIRST Bank, he started the branch banking and retail liabilities business in Southern India and corporate salary businesses pan-India. His leadership stints at Citibank and HSBC further strengthened his expertise in acquisition, liabilities, and distribution across retail and affluent segments.
Commenting on the appointment, Mahesh Misra, MD & CEO, IMGC, said: “We are delighted to have Colin join IMGC’s leadership team. We hope to leverage his rich experience in partnership management and distribution. Colin’s fintech background will be invaluable as we pivot to a commercial strategy that revolves around data analytics and technology solutions.”
On his appointment, Colin D’Souza said: “I am excited to join IMGC at such a pivotal time in its growth journey. The mortgage sector holds immense potential in India, and I look forward to collaborating with our lender partners to deepen market reach and drive innovation. Together with the talented team at IMGC, I am confident we can make a meaningful impact on home ownership across the country.”
Since its inception in 2012, IMGC has guarantee over Rs35,000 + crores in home loans for more than 150,000 customers across 400+ locations and has partnered with 23 leading banks, HFCs, and NBFCs.
